Brazil's removal of import tariff may affect U.S. ethanol subsidies

04/8/2010 | Greentech Media

Brazil's removal of its 20% import tariff on ethanol until the end of 2011 takes away one of the main justifications for the federal subsidies to the U.S. ethanol industry, according to Joshua Kagan in this opinion article. U.S. ethanol producers had said that Brazil's 20% import tariff locked out U.S. ethanol from that country's market, Kagan writes. The Renewable Fuels Association maintains that ending domestic incentives would lead to 112,000 layoffs and cut production capacity by 38%.

View Full Article in:

Greentech Media

Published in Brief: